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BlackRock Global Long/Short Equity Fund Class I (BDMIX)

Mutual Fund · Currency in USD · Last updated Oct 1, 2022

Fund Info

ISINUS0919365264
CUSIP091936526
IssuerBlackrock Financial Management
Inception DateDec 20, 2012
CategoryLong-Short
Expense Ratio1.57%
ETF Home Pagewww.blackrock.com
Asset ClassEquity

Trading Data

Previous Close$11.38
Year Range$11.23 - $11.81
EMA (50)$11.32
EMA (200)$11.43

BDMIXShare Price Chart


Chart placeholderClick Calculate to get results

BDMIXPerformance

The chart shows the growth of $10,000 invested in BlackRock Global Long/Short Equity Fund Class I in Dec 2012 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,961 for a total return of roughly 29.61%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptember
0.17%
-20.76%
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)

BDMIXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M1.86%-10.05%
6M-0.09%-20.85%
YTD-1.37%-24.77%
1Y-0.09%-17.75%
5Y1.16%7.32%
10Y2.69%9.76%

BDMIXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20220.34%-1.71%0.09%-0.09%-1.05%0.18%-0.18%-0.79%1.86%
20211.75%2.59%1.18%-0.58%1.25%-1.40%-0.23%-1.36%-1.29%0.78%0.17%0.52%
20201.58%-0.69%-2.52%1.87%2.28%1.80%-1.40%1.28%-3.21%-1.13%0.35%0.26%
20191.88%-0.80%-0.57%0.89%3.13%-1.32%0.08%-3.00%0.41%-1.05%1.15%-1.49%
20180.00%-2.15%1.52%-0.91%3.27%-0.81%-0.41%0.58%-0.08%0.41%-1.71%2.62%
20171.12%1.38%1.54%1.61%0.62%-0.26%1.93%1.81%0.17%1.27%1.58%-0.57%
2016-1.30%-3.95%0.73%-1.09%-0.83%-3.06%0.76%-0.76%1.15%1.42%0.19%-0.19%
20150.08%0.42%0.42%0.75%-0.41%-2.25%1.53%-1.76%0.94%0.34%-0.25%-0.73%
20141.45%-1.68%-1.96%-1.05%1.32%-0.17%1.05%1.12%3.41%-2.39%0.76%-0.56%
20132.50%0.19%2.33%2.47%2.51%0.27%1.90%-1.06%1.34%2.92%1.20%0.83%
20120.10%

BDMIXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock Global Long/Short Equity Fund Class I Sharpe ratio is 0.01. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50MayJuneJulyAugustSeptember
0.01
-0.77
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)

BDMIXDividend History

BlackRock Global Long/Short Equity Fund Class I granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.


PeriodTTM2021202020192018201720162015201420132012
Dividend$0.00$0.14$0.03$0.77$0.12$0.00$0.00$0.21$0.01$0.15$0.00

Dividend yield

0.00%1.23%0.30%6.89%1.02%0.00%0.00%2.03%0.12%1.41%0.00%

BDMIXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2022FebruaryMarchAprilMayJuneJulyAugustSeptember
-5.39%
-25.25%
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)

BDMIXWorst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Global Long/Short Equity Fund Class I. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the BlackRock Global Long/Short Equity Fund Class I is 12.42%, recorded on Sep 12, 2016. It took 267 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.42%May 5, 2015343Sep 12, 2016267Oct 3, 2017610
-9.44%May 29, 2019204Mar 18, 2020244Mar 8, 2021448
-7.45%May 14, 2021315Aug 12, 2022
-4.87%Jan 16, 201837Mar 8, 201857May 30, 201894
-4.79%Feb 3, 201462May 1, 201499Sep 22, 2014161
-4.28%Oct 1, 201412Oct 16, 2014136May 4, 2015148
-3.3%Nov 14, 201811Nov 29, 201830Jan 15, 201941
-2.71%Aug 6, 201316Aug 27, 201330Oct 9, 201346
-2.46%Mar 31, 20219Apr 13, 202117May 6, 202126
-2.27%Jun 6, 201826Jul 12, 201822Aug 13, 201848

BDMIXVolatility Chart

Current BlackRock Global Long/Short Equity Fund Class I volatility is 4.16%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%MayJuneJulyAugustSeptember
4.16%
19.40%
BDMIX (BlackRock Global Long/Short Equity Fund Class I)
Benchmark (^GSPC)